Recession in Mexico likely if Trump tariffs bite, analysts say
Wednesday, 5 June 2019 () The Mexican economy will likely slip into recession this year if U.S. President Donald Trump follows through on a threat to impose tariffs on Mexican exports to the United States, a Reuters poll of market analysts showed on Wednesday.
According to a report by Reuters, a recent poll of analysts and traders suggest that, next week, the Mexican peso could sink to its lowest point of the year if President Donald Trump follows through on his threat to hit Mexican imports with new tariffs. Reuters reports that the average projections of...
President Donald Trump reminded investors Tuesday that Europe, and its $1.2 trillion auto sector, might be next on his tariff hit-list. Trump tweeted that the euro, as well as other global currencies,..